Any other $1 <100 shares brokers besides IB?

A

AshanD

Hey guys, I was wondering what other brokers have cheap a fee structure for small orders, similar to IB but without other hidden expenses. I won't be using IB because of their $10 data fee for accounts that do less than $30 in commissions a month which I won't)

Thanks
 
Quote from AshanD:

I won't be using IB because of their $10 data fee for accounts that do less than $30 in commissions a month which I won't)

Thanks
More...

Are you bothered to pay $10/month ? Is this a typo
or am i not reading correctly? :confused:
 
You don't make more than $30 in trades for 1 month? :confused:

I wouldn't be able to make any real money without putting on some trades...

P.S. I think you can go to the market subscription in the Account Management and remove the U.S. Equities market subscription.
 
Can someone from IB clarify this potential option; is it possible to bypass paying the $10 monthly fee if a customer elects to not subscribe to, or use, any market data and subsequentially generates no commissions? This would be a nice fit for actual investors, traders wanting to walk away, etc. TIA
 
Quote from The_End:

Can someone from IB clarify this potential option; is it possible to bypass paying the $10 monthly fee if a customer elects to not subscribe to, or use, any market data? This would be a nice fit for actual investors, traders wanting to walk away, etc. TIA
More...

I believe you used to be able to do this but I vaguely remember IB not allowing this option anymore. Contact IB to make sure.
 
Quote from ozzy:

This thread should be renamed to "Damn I am one cheap mofo"

ozzy
More...

Haha, it's true too that's how I saved up my trading money (which admittedly is not a lot)

THanks Spyder, MB trading is just what I'm looking for
 
Quote from Sanjuro:

You don't make more than $30 in trades for 1 month? :confused:

I wouldn't be able to make any real money without putting on some trades...

P.S. I think you can go to the market subscription in the Account Management and remove the U.S. Equities market subscription.
More...

Yep some might even consider me to be an in(censored) I'll be buying 20-100 shares at a time and holding for 1-6 months. No more than 5-6 orders a month
 
You must log in or register to reply here.
Back
Top